ES 1-6-2008

Good Morning Traders !

VAH 930.50
POC 925.50
VAL 922.00

Weekly R1: 954.50
Weekly PP: 904.00

Daily R2: 944.00
Daily R1: 935.75
Daily PP: 926.00

Highest High in last 20 trading days: 934.25

I will be watching what happens at R1 with great interest this morning ! Also watch the IB high for indications of a trend day if price is accepted above R1.

ES Daily Notes 5 Jan 2009

Stopped 29. :(

31 no fill

Should have waited for the bounce to complete.

Truthfully no mpto but TY. It seems arbitrary to me which is why I am struggling with it. ABCs are greek to me also so that doesn't help. I also don't have the fib retracement tools on my platform so I just try manual calculations. I just need to study more. :-)

PWD I have a magic 8 ball...its been known to help me in the past! (past results are not indicative of future results)

933 to 933.75 might be a good short....

hoping for sell signal in 33 area

s 31.50

you like how they spiked it up there without letting you get in!

quote:

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Originally posted by VOwater

PWD I have a magic 8 ball...its been known to help me in the past! (past results are not indicative of future results)

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LOL. If I drink enough VO all of the setups become clearer for me too.

FOMC minutes in 2 minutes

Thanks PT. Very much appreciated the time and thought that you have put into the questions I asked.
I have still a lot to learn.
Regards
A